Rockfire Resources (LON:ROCK) Trading Up 13.3% – Still a Buy?

Rockfire Resources plc (LON:ROCKGet Free Report) shares were up 13.3% during mid-day trading on Monday . The company traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.14 ($0.00). Approximately 206,425,891 shares were traded during trading, an increase of 170% from the average daily volume of 76,520,898 shares. The stock had previously closed at GBX 0.12 ($0.00).

Rockfire Resources Price Performance

The stock has a market cap of £3.71 million, a price-to-earnings ratio of -2.20 and a beta of 0.38. The business has a 50-day moving average of GBX 0.16 and a 200-day moving average of GBX 0.14.

Rockfire Resources Company Profile

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Rockfire Resources plc is a progressive copper and gold exploration company with a strong growth strategy. The Company has a goal of delineating significant copper and gold resources to move its projects towards feasibility and development.

Our three projects in Queensland, Australia are actively being explored and Rockfire is achieving success through exploration.

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